As a freelancer, you are responsible for your own administration.
Freelancing gives you a lot of freedom, but also brings with it some extra responsibilities. Keeping track of your administration is one of the responsibilities.Fortunately, Level.works takes a large part of it off your hands. For example, every quarter we send you a financial overview and a manual to make your VAT declaration as easy as possible.
As a freelancer, it is important that you keep your administration in order. Think of the following points:
- Keep all invoices and receipts for the tax authorities.
- It is also useful to put money aside for any taxes or insurance costs.
- Don't forget to file your quarterly VAT return on time. This will prevent you from incurring an unnecessary fine!*
* Do you participate in the KOR? Then you only need to file a tax return once a year. For more information about the small entrepreneurs scheme, click here.
For more information you can read "What do I need to consider as a freelancer?" and "Does freelancing affect my student loans?'' They contain a number of tips to help you on your way.